Fast-Growing Digital Skills Across World

Summary

In today’s digital business world, firms should prioritize digital acceleration as a critical strategic goal. Based on in-demand, rapidly-growing digital capabilities, HR directors should use this data to calibrate their talent strategies and compete for digital skills in a highly competitive labor market.

• For HR directors in this changing era, developing essential skills and competences is the most important initiative. But a lot of HR teams fail to evaluate the demand and supply of talents in the external market, which creates a blind spot for planning and implementation.
• HR directors must analyze the demand for digital skills from major competitors in order to determine whether their company can draw in and keep personnel with these vital abilities.
• To compete for digital skills in high demand, HR leaders should consider identifying the most competitive skills, benchmark skill needs against competitors, and creating a skill roster for their organization.

I analyzed skills on two parameters i.e., demand growth and demand volume.

Fast-increasing Digital Skills: Digital skills that are increasing most rapidly in each organization group based on annualized growth rate. Consider these as abilities that are becoming increasingly difficult to get and essential for most firms’ digital endeavors.

High Demand Digital Skills: Digital skills that are in high demand by every competitor group. Consider them to be foundational talents that will continue to develop.

Types of Organization

How to Compete for Digital Skills in Market

To compete for digital skills, organizations should compare labor market insights on skill demand to review their own skill portfolio and needs.

Strategies to Respond to Competition for Digital Skills

Author

Milan Dhore, M.S (Data Analytics)

Cloud Strategic Leader | Enterprise Transformation Leader | AI |ML

Certified in TOGAF, AWS, ML, AI, Architecture, Snowflake, Six Sigma, NCFM, Excellence Award in Advance Data Analytics, Financial Market …. Know More- www.milanoutlook.com